US circuit AMC Entertainment has entered into a definitive agreement to acquire Stockholm-based Nordic Cinema Group (NCG). AMC is to acquire NCG from European private equity firm Bridgepoint and Swedish media group Bonnier Holding in an all-cash transaction valued at SEK 8,250 million ($929 million). The deal is expected to be complete in the first half of 2017 and is conditional upon antitrust clearance by the European Commission.

Global box office reached $35.4 billion in 2013, a modest rise of
1% over 2012’s revised $35.0 billion. Given the decline in cinema
admissions during the year, the rise in revenues earned is more
a function of rising average ticket prices and the expansion
of emerging markets.